Fragrance Group, together with Aspial Corporation have jointly acquired Tai Keng Court for S$161.11 million. In a statement released Thursday, Fragrance Group said it incorporated a special purpose company with Aspial Corporation known as Kensington Village Pte Ltd to acquire Tai Keng Court through a collective sale tender. Fragrance Group said the vendors of Tai Keng Court have accepted the tender bid...
Tai Keng Court Enbloc
Tai Keng Court, a freehold residential and commercial redevelopment site in the Upper Paya Lebar area, has been put up for collective sale. In a statement, its sole marketing agent Jones Lang LaSalle said the indicative price for the site is around S$130 million or about S$903 per square foot per plot ratio, subject to the tender process. About S$1.325 million is payable for development charge. The plot...